British citizens, tax havens and paying a fair share

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Britons in Monaco are costing the UK economy £1 billion a year in lost tax revenueValéry Hache/AFP/Getty Images

Last updated at 12:01AM, September 21 2012

It is logical to tax individuals on the basis of where they live, not which nation’s passport they hold

Sir,You miss the point in confusing emigration with tax avoidance (“Fiscal
drag”, leading article, Sept 20). The United States alone taxes upon the
basis of citizenship. No doubt, because it has done so for many years and is
the world’s foremost economic power, it has the muscle so to do. Also, as
the world’s foremost military power, it comes to the aid more readily of its
citizens.

The United Kingdom is not in that position. The logic behind taxing residents
of a country is clear. Those residents do, or at least can, benefit from the
services of the country